IBM

Alert: funding

Alert: spread

Funding you earn now, next payment 04:00 UTC−0.0011%/8h= −1.2% APRpaid last 24h −0.017%

Price spread now: Bitget against tradeXYZ+0.091%7-day average +0.079% · you sell dearer than you buy

Net, funding: paid 7d − costs−$77as in the Funding arb table

Net, price: spread back to 7d avg − costs−$65as in the Price arb table

costs, in and out, $10k−$660.658% of the position

What this pair did over the last

the charts below follow

Funding, last 7 days−0.113%−$11 on $10k

Price spread, last 4 days (all we have)−0.030%−$3 · spread now +0.091%, 7d avg +0.079%

Together, before fees−0.143%+ Points / potential airdroptradeXYZ: Active · farm board−$14 on $10k · with fees, hour by hour

The price spread sits at its 7-day average of +0.079%, so right now this pair is about funding alone: $0 a day on $10k at the current rate.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	tradeXYZ xyz:IBM	231.26	0.0011	pay 0.0001% / 1h	38m 21s	$1.9M	$756K	10x
Short	Bitget IBMUSDT	231.47	0	get 0.0000% / 8h	4h 38m	$786K	$341K	20x

Funding history

latest

Range statsloading…

Bitget against tradeXYZ. Falling: the short leg gains. Rising: it loses.

latest

Price spreadloading…

click an exchange to add or hide it

latest

How often the price spread is this wide · share of time at each level, last 7D show

Position, each leg$Hold fordaysFee tradeXYZbpFee BitgetbpOrdersPrice spread, now +0.091%Rate

Slippage from tradeXYZ: live order book, 9 min ago; Bitget: live order book, 17 min ago.

taker fee + slippage from the mid, one side; closing costs about the same again

Leg	Half-spread	$10k	$100k	$1M	$5M
Buy tradeXYZ live order book, 9 min ago	1.51 bp	19.4 bp −$19	doesn't fit	doesn't fit	doesn't fit
Sell Bitget live order book, 17 min ago	3.24 bp	13.3 bp −$13	70.5 bp −$705	doesn't fit	doesn't fit

lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
BloFin IBM-USDT	−0.0022%	8h	231.36	+0.043%	$47K	$51K	20x	as long as short
Aster IBMUSDT	0.0000%	8h	231.34	+0.033%	$13K	$127K	20x	as long as short
Extended IBM-USD	0.0000%	1h	231.42	+0.071%	$53K	$235K	10x	as long as short
Binance IBMUSDT	0.0000%	8h	231.49	+0.098%	$3.9M	$5.4M	20x	as long as short
Bybit IBMUSDT	0.0000%	8h	231.32	+0.026%	$980K	$348K	50x	as long as short
OKX IBM-USDT-SWAP	0.0000%	8h	231.46	+0.086%	$1.4M	$1.1M	20x	as long as short
Gate IBM_USDT	0.0000%	8h	231.47	+0.091%	$804K	$1.4M	50x	as long as short
Bitget IBMUSDTshort	0.0000%	8h	231.47	+0.091%	$786K	$341K	20x
Variational Omni IBM	0.0000%	8h	231.38	+0.053%	$256K	$15K	—	as long as short
GRVT IBM_USDT_Perp	0.0000%	8h	231.39	+0.057%	$467	$158K	10x	as long as short

Show all 18 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
SunX IBM-USDT	0.0000%	8h	231.24	−0.009%	$756	$481K	10x	as long as short
HTX IBM-USDT	0.0000%	8h	231.86	+0.259%	$5K	$34K	20x	as long as short
tradeXYZ xyz:IBMlong	+0.0011%	1h	231.26	long leg	$1.9M	$756K	10x
QFEX IBM-USD	+0.0026%	1h	231.41	+0.065%	$1.2M	$2.5M	10x	as long as short
Lighter IBM	+0.0032%	1h	231.38	+0.052%	$38K	$43K	10x	as long as short
Injective IBM/USDC PERP	+0.0033%	1h	201.05	−13.063%	—	$57	12x	as long as short
Vest IBM-USD-PERP	+0.0046%	1h	231.34	+0.035%	—	—	25x	as long as short
KuCoin IBMUSDTM	+0.0100%	8h	231.39	+0.056%	$194K	$34K	20x	as long as short